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CITY OF ST. ANTHONY, MINNESOTA
<br />STATEMENT OF CASH FLOWS Statement 8
<br />PROPRIETARY FUNDS
<br />For The Year Ended December 31, 2016
<br />With Comparative Totals For Enterprise Funds For The Year Ended December 31, 2015
<br />Governmental
<br />Activities -
<br />Liquor
<br />Water/Sewer/
<br />Water Plant
<br />Stormwater
<br />Utility
<br />Internal Service
<br />Fund
<br />2016 2015
<br />Cash flows from operating activities:
<br /> Receipts from customers and users $5,835,580 $1,933,355 $192,748 $7,961,683 $7,708,757 $ -
<br /> Receipts from interfund charges for pension benefits - - - - - 608,134
<br /> Payment to suppliers (4,929,413) (920,150) (200,974) (6,050,537) (6,021,653) -
<br /> Payment to employees (704,393) (811,383) - (1,515,776) (1,504,930) (749,184)
<br /> Army settlement - 130,932 - 130,932 - -
<br /> Miscellaneous revenue 53,085 53,946 417,046 524,077 88,484 -
<br /> Net cash flows provided by (used in)
<br /> operating activities 254,859 386,700 408,820 1,050,379 270,658 (141,050)
<br />Cash flows from noncapital financing activities:
<br /> Transfer from other funds - - - - - 86,300
<br /> Transfer to General Fund (156,396) (200,000) - (356,396) (434,613) -
<br /> Transfer to Capital Project Funds (92,653) (2,511,836) - (2,604,489) - -
<br /> Transfer to Debt Service Funds - - (170,000) (170,000) - -
<br /> Intergovernmental revenue - - - - - 37,454
<br />Net cash flows provided by (used in)
<br />noncapital financing activities (249,049) (2,711,836) (170,000) (3,130,885) (434,613) 123,754
<br />Cash flows from capital and related
<br /> financing activities:
<br /> Intergovernmental revenue - capital - - 1,166,747 1,166,747 - -
<br /> Acquisiton of capital assets - (9,268) (1,171,358) (1,180,626) (215,987) -
<br /> Proceeds from sale of capital assets - 1,350 - 1,350 - -
<br /> Change in interfund loan receivable/payable - 1,009,906 (149,874) 860,032 5,620 -
<br /> Interest received on interfund receivable - - - - 41,328 -
<br /> Principal paid on debt - (115,000) - (115,000) (115,000) -
<br /> Interest paid on debt - (24,442) - (24,442) (26,192) -
<br />Net cash flows provided by (used in)
<br /> capital and related financing activities 0 862,546 (154,485) 708,061 (310,231)0
<br />Cash flows from investing activities:
<br /> Investment income 5,973 23,907 1,217 31,097 45,079 1,566
<br /> Net increase (decrease) in cash and cash equivalents 11,783 (1,438,683) 85,552 (1,341,348) (429,107) (15,730)
<br /> Cash and cash equivalents - January 1 427,658 3,268,990 - 3,696,648 4,125,755 82,882
<br /> Cash and cash equivalents - December 31 $439,441 $1,830,307 $85,552 $2,355,300 $3,696,648 $67,152
<br />Reconciliation of operating income (loss) to net cash
<br /> provided (used) by operating activities:
<br /> Operating income (loss) $204,345 ($112,261) $1,093 $93,177 ($49,982) ($1,921,353)
<br /> Adjustments to reconcile operating income (loss)
<br /> to net cash flows from operating activities:
<br /> Miscellaneous revenue 53,085 53,946 417,046 524,077 88,484 -
<br /> Army settlement - 130,932 - 130,932 - -
<br /> Depreciation 68,064 332,399 130,664 531,127 384,017 -
<br /> Changes in assets and liabilities:
<br /> Decrease (increase) in receivables 12,797 (5,201) - 7,596 (39,135) -
<br /> Decrease (increase) in prepaid items (3,878)740 - (3,138) (1,887) -
<br /> Decrease (increase) in inventory 2,265 - - 2,265 24,237 -
<br /> Decrease (increase) in deferred outflows of resources - - - - - (8,791,001)
<br /> Increase (decrease) in payables (81,819) (13,855) (139,983) (235,657) (135,076) 9,644,187
<br /> Increase (decrease) in deferred inflows of resources - - - - - 927,117
<br /> Total adjustments 50,514 498,961 407,727 957,202 320,640 1,780,303
<br /> Net cash provided by operating activities $254,859 $386,700 $408,820 $1,050,379 $270,658 ($141,050)
<br />Noncash investing, capital and financing activities:
<br />Assets in the amount of $819,779 and $677,200 were contributed to the Water/Sewer/Water Plant Fund in 2016 and 2015, respectively.
<br />Stormwater assets in the amount of $354,268 and $5,630,928 were contributed to the Stormwater Utility Fund in 2016 and 2015, respectively.
<br />Stormwater fund had noncash transfer in of $179,701, representing receivables and payables balances in 2015.
<br />Totals
<br />Business-Type Activities Enterprise Funds
<br />The accompanying notes are an integral part of these financial statements.
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